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Nexus Real Estate Investment Trust

Nexus Real Estate Investment Trust

NXR-UN · TO · Real Estate / REIT - Industrial

8.22CAD+0.07 (+0.86%)

Price History

Full chart

Market Stats

Previous Close8.15
Open8.13
Day Range8.13 – 8.29
52-Week Range6.86 – 8.29
Volume136.31K
Market Cap858.20M
P/E (TTM)13.17
Forward P/E10.00
EPS0.54
Dividend Yield8.90%
Beta1.50
50-Day Avg7.71
200-Day Avg7.88

About

Nexus Industrial REIT is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties. The REIT currently owns a portfolio of 88 properties (including one property held for development in which the REIT has an 80% interest) comprising approximately 12.3 million square feet of gross leasable area. The REIT has approximately 97,089,000 voting units issued and outstanding, including approximately 73,037,000 REIT Units and approximately 24,052,000 Class B LP Units of subsidiary limited partnerships of Nexus, which are convertible to REIT Units on a one-to-one basis. Nexus Industrial REIT was incorporated in 2012 in Ontario, Canada.

Company Details

  • SectorReal Estate
  • IndustryREIT - Industrial
  • CEOMr. Kelly Clark Hanczyk
  • Employees0
  • Headquarters105-586 Argus Road, Oakville, ON, Canada, L6J 3J3, Canada
  • Websitehttps://www.nexusreit.com

Leadership

  • Mr. Kelly Clark HanczykCEO & Trustee · b. 1968
  • Mr. Michael Ross RawleCFO & Secretary

Financials

Income Statement

Currency: CAD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue627.31K8.59M11.98M15.41M37.00M54.10M60.01M61.39M83.56M137.12M157.65M175.70M174.95M
Growth (%)-+1269.08%+39.55%+28.56%+140.14%+46.21%+10.93%+2.29%+36.12%+64.10%+14.97%+11.45%-0.43%
Cost of Revenue285.73K1.56M2.07M2.58M11.86M20.33M22.08M22.16M27.61M41.31M45.68M49.83M45.76M
Gross Profit341.58K7.03M9.91M12.82M25.14M33.77M37.93M39.23M55.95M95.81M111.97M125.87M129.44M
Gross Margin54.45%81.84%82.69%83.22%67.95%62.42%63.20%63.90%66.96%69.87%71.03%71.64%73.99%
Operating Expense784.08K1.18M1.56M1.84M2.84M2.87M4.48M-2.30M81.84M-46.47M8.65M7.81M11.61M
Operating Income-442.50K5.85M8.35M10.98M22.30M30.90M33.45M41.53M-25.88M142.28M103.32M118.05M117.83M
Operating Margin-70.54%68.16%69.63%71.29%60.27%57.11%55.74%67.65%-30.98%103.76%65.54%67.19%67.35%
EBITDA-419.41K5.80M5.97M13.65M22.18M29.73M33.54M41.62M-14.93M150.08M201.67M145.87M113.16M
EBITDA Margin-66.86%67.50%49.82%88.56%59.93%54.95%55.90%67.80%-17.87%109.45%127.92%83.02%64.68%
Net Income-322.94K4.26M5.80M10.48M15.69M38.83M29.17M14.84M146.36M91.75M160.03M90.88M59.55M
Net Income Margin-51.48%49.56%48.43%68.01%42.40%71.79%48.60%24.17%175.16%66.91%101.51%51.73%34.04%
R&D---0.670.410.730.620.551.080.851--
R&D as % of Total Revenue---0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense97.20K1.91M2.53M3.16M6.49M9.90M11.62M11.00M15.22M29.12M41.55M54.87M53.49M
Interest Expense % of Total Revenue15.49%22.23%21.13%20.51%17.53%18.30%19.36%17.92%18.21%21.24%26.35%31.23%30.58%

Balance Sheet

Currency: CAD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-8.63M118.37M163.29M175.51M449.43M548.38M613.38M710.50M1.66B1.97B2.46B2.60B2.65B
Total Liabilities-4.03M59.95M93.90M98.68M263.55M330.34M350.15M410.92M968.67M1.09B1.46B1.54B1.57B
Total Equity-4.61M58.42M69.39M76.83M185.88M218.04M263.23M299.58M689.48M872.54M1.00B1.06B1.08B
Cash-681.64K428.51K1.15M904.02K4.25M3.35M7.88M13.99M82.28M11.53M5.92M11.53M6.11M
Total Debt-3.31M57.49M82.47M85.51M242.81M283.71M300.91M342.72M679.55M827.11M1.19B1.25B1.30B
Net Debt-2.63M57.06M81.32M84.60M238.56M280.36M293.04M328.72M597.27M815.57M1.18B1.24B1.30B

Cash Flow

Currency: CAD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-853.64K4.15M6.65M9.16M11.62M19.53M23.35M24.35M25.00M41.53M51.02M38.96M43.14M
Investing Cash Flow-6.21M-71.45M-16.78M-7.00M-75.22M-52.86M-17.99M-45.07M-469.25M-315.73M-345.99M-78.60M-60.04M
Financing Cash Flow2.81M67.04M10.85M-2.41M66.95M32.43M-831.88K26.84M512.54M203.45M289.36M45.26M11.48M
Capital Expenditure000208.83K1.19M3.37M4.04M5.66M5.37M11.21M18.93M14.26M16.27M
Free Cash Flow-853.64K4.15M6.65M8.96M10.43M16.16M19.31M18.69M19.62M30.32M32.08M24.70M26.87M
Dividends Paid-3.25M4.68M5.27M9.86M13.46M14.32M14.89M20.89M34.32M37.70M41.60M45.55M
FCF to OCF100.00%100.00%100.00%97.72%89.75%82.76%82.71%76.76%78.50%73.00%62.89%63.39%62.29%
Dividend Paid to FCF-78.37%70.37%58.82%94.52%83.30%74.14%79.66%106.48%113.22%117.52%168.45%169.49%

Earnings

Report DateMar 19, 2021May 17, 2021Aug 12, 2021Nov 11, 2021Mar 16, 2022May 13, 2022Aug 12, 2022Nov 15, 2022Mar 15, 2023May 15, 2023Aug 14, 2023Nov 15, 2023Mar 14, 2024May 15, 2024Aug 15, 2024Nov 12, 2024Mar 10, 2025May 15, 2025Aug 12, 2025Nov 13, 2025Mar 6, 2026May 11, 2026Aug 10, 2026Nov 11, 2026
EPS Estimate--0.180.20--------------------
EPS Actual0.290.280.14-0.220.650.231.010.50-0.210.040.870.850.020.470.46-0.490.530.35-0.080.040.310.33-0.13-
Surprise---22.22%-210.00%--------------------
Timing--Pre-marketAfter-hours---------------Pre-marketPre-marketAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap858.20M
Enterprise Value2.00B
Trailing P/E13.17
Forward P/E10.00
Price / Sales4.81
Price / Book0.65
EPS0.54
Book Value14.88
Revenue (TTM)178.40M
Gross Profit (TTM)130.74M
EBITDA125.18M
Profit Margin29.93%
Operating Margin68.38%
Return on Equity4.94%
Return on Assets2.91%
Shares Outstanding73.49M
Shares Float53.76M
Beta1.50
Dividend Yield8.90%
Dividend Rate0.64
Payout Ratio38.91%

Dividends

202610×
0.05Oct 30, 20260.05Sep 29, 20260.05Aug 31, 20260.05Jul 31, 20260.05Jun 30, 20260.05May 29, 20260.05Apr 30, 20260.05Mar 31, 20260.05Feb 27, 20260.05Jan 30, 2026
202512×
0.05Dec 31, 20250.05Nov 28, 20250.05Oct 31, 20250.05Sep 29, 20250.05Aug 29, 20250.05Jul 31, 20250.05Jun 30, 20250.05May 30, 20250.05Apr 30, 20250.05Mar 31, 20250.05Feb 28, 20250.05Jan 31, 2025
20242×
0.05Dec 31, 20240.05Nov 29, 2024

Stock Splits

  • Feb 1, 20211:4
  • Jan 17, 20141:20